Cenovus Historical Financial Ratios

CVE Stock

CAD 21.78 0.40 1.80%

Cenovus Energy is presently reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0232, PTB Ratio of 1.8 or Days Sales Outstanding of 35.18 will help investors to properly organize and evaluate Cenovus Energy financial condition quickly.

Quick Ratio Current Ratio

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.

About Cenovus Financial Ratios Analysis

Cenovus EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Cenovus Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Cenovus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Cenovus Energy history.

Cenovus Energy Financial Ratios Chart

At this time, Cenovus Energy's EV To Sales is very stable compared to the past year. As of the 27th of November 2024, Free Cash Flow Per Share is likely to grow to 1.71, while Dividend Yield is likely to drop 0.02.

Dividend Yield Days Sales Outstanding Book Value Per Share Free Cash Flow Yield Invested Capital Long Term Debt To Capitalization

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Dividend Yield

Dividend Yield is Cenovus Energy dividend as a percentage of Cenovus Energy stock price. Cenovus Energy dividend yield is a measure of Cenovus Energy stock productivity, which can be interpreted as interest rate earned on an Cenovus Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Cenovus Energy. There are two different methods for calculating Cenovus Energy invested capital: operating approach and financing approach. Understanding Cenovus Energy invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Most ratios from Cenovus Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Cenovus Energy current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.At this time, Cenovus Energy's EV To Sales is very stable compared to the past year. As of the 27th of November 2024, Free Cash Flow Per Share is likely to grow to 1.71, while Dividend Yield is likely to drop 0.02.

	2021	2022	2023	2024 (projected)
Dividend Yield	0.006715	0.0181	0.0245	0.0232
Price To Sales Ratio	0.64	0.71	0.8	1.2

Dividend Yield Price To Sales Ratio

Cenovus Energy fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe
Price To Sales Ratio		0.24	0.76	0.66	-0.39	-0.52	0.24	0.53	0.76	0.89	-0.4	0.11	-0.37	0.15	0.44	0.33	0.8	0.32	0.04	0.11	0.31	0.06	-0.39	-0.38	-0.04	0.21
Dividend Yield	0.24		0.28	0.01	0.08	-0.19	0.37	0.0	0.28	0.04	-0.17	-0.04	-0.08	0.06	-0.1	0.84	0.6	0.32	-0.36	-0.08	0.8	-0.15	-0.08	-0.67	0.2	0.06
Ptb Ratio	0.76	0.28		0.14	-0.58	-0.17	0.75	0.76	1.0	0.51	0.05	0.6	-0.2	0.44	0.13	0.27	0.75	0.09	-0.31	0.63	0.5	-0.23	-0.31	-0.09	0.29	0.53
Days Sales Outstanding	0.66	0.01	0.14		-0.01	-0.58	-0.34	0.14	0.14	0.76	-0.6	-0.44	-0.49	-0.2	0.73	0.28	0.42	0.34	0.47	-0.47	0.01	0.42	-0.26	-0.54	-0.13	-0.23
Book Value Per Share	-0.39	0.08	-0.58	-0.01		0.31	-0.25	-0.38	-0.58	-0.31	0.04	-0.2	0.22	0.17	-0.02	-0.07	-0.31	0.04	-0.09	-0.27	-0.24	-0.1	0.09	-0.16	-0.4	0.06
Free Cash Flow Yield	-0.52	-0.19	-0.17	-0.58	0.31		0.39	-0.05	-0.17	-0.62	0.87	0.53	0.13	0.5	-0.02	-0.4	-0.5	-0.31	-0.68	0.44	-0.23	-0.79	0.25	0.3	0.21	0.44
Operating Cash Flow Per Share	0.24	0.37	0.75	-0.34	-0.25	0.39		0.6	0.75	-0.04	0.57	0.85	0.03	0.72	-0.08	0.19	0.45	-0.14	-0.68	0.82	0.51	-0.58	-0.09	0.01	0.41	0.76
Capex To Depreciation	0.53	0.0	0.76	0.14	-0.38	-0.05	0.6		0.76	0.47	0.02	0.54	-0.03	0.36	0.15	0.06	0.58	-0.37	-0.23	0.54	0.16	-0.18	-0.26	0.1	0.09	0.42
Pb Ratio	0.76	0.28	1.0	0.14	-0.58	-0.17	0.75	0.76		0.51	0.05	0.6	-0.2	0.44	0.13	0.27	0.75	0.09	-0.31	0.63	0.5	-0.23	-0.31	-0.09	0.29	0.53
Ev To Sales	0.89	0.04	0.51	0.76	-0.31	-0.62	-0.04	0.47	0.51		-0.54	-0.1	-0.23	0.01	0.43	0.16	0.69	0.05	0.28	-0.1	0.09	0.31	-0.33	-0.25	-0.21	0.06
Free Cash Flow Per Share	-0.4	-0.17	0.05	-0.6	0.04	0.87	0.57	0.02	0.05	-0.54		0.72	0.09	0.57	-0.06	-0.37	-0.43	-0.26	-0.54	0.65	-0.17	-0.64	0.29	0.29	0.19	0.55
Roic	0.11	-0.04	0.6	-0.44	-0.2	0.53	0.85	0.54	0.6	-0.1	0.72		0.07	0.8	-0.12	-0.17	0.09	-0.27	-0.54	0.96	0.12	-0.56	0.05	0.37	0.18	0.84
Inventory Turnover	-0.37	-0.08	-0.2	-0.49	0.22	0.13	0.03	-0.03	-0.2	-0.23	0.09	0.07		0.27	-0.79	-0.18	-0.09	-0.27	-0.21	0.23	-0.08	-0.11	0.25	0.6	-0.24	0.27
Net Income Per Share	0.15	0.06	0.44	-0.2	0.17	0.5	0.72	0.36	0.44	0.01	0.57	0.8	0.27		-0.05	-0.09	0.21	-0.16	-0.59	0.8	0.18	-0.56	0.03	0.26	0.14	0.99
Days Of Inventory On Hand	0.44	-0.1	0.13	0.73	-0.02	-0.02	-0.08	0.15	0.13	0.43	-0.06	-0.12	-0.79	-0.05		0.04	0.12	0.15	0.12	-0.25	-0.13	-0.02	-0.22	-0.56	0.14	-0.1
Payables Turnover	0.33	0.84	0.27	0.28	-0.07	-0.4	0.19	0.06	0.27	0.16	-0.37	-0.17	-0.18	-0.09	0.04		0.58	0.42	-0.09	-0.17	0.74	0.06	-0.05	-0.62	0.23	-0.07
Capex To Revenue	0.8	0.6	0.75	0.42	-0.31	-0.5	0.45	0.58	0.75	0.69	-0.43	0.09	-0.09	0.21	0.12	0.58		0.14	-0.19	0.12	0.71	0.02	-0.42	-0.41	0.2	0.26
Cash Per Share	0.32	0.32	0.09	0.34	0.04	-0.31	-0.14	-0.37	0.09	0.05	-0.26	-0.27	-0.27	-0.16	0.15	0.42	0.14		0.08	-0.22	0.26	0.03	-0.08	-0.48	0.01	-0.16
Pocfratio	0.04	-0.36	-0.31	0.47	-0.09	-0.68	-0.68	-0.23	-0.31	0.28	-0.54	-0.54	-0.21	-0.59	0.12	-0.09	-0.19	0.08		-0.51	-0.35	0.94	-0.03	-0.04	-0.4	-0.58
Interest Coverage	0.11	-0.08	0.63	-0.47	-0.27	0.44	0.82	0.54	0.63	-0.1	0.65	0.96	0.23	0.8	-0.25	-0.17	0.12	-0.22	-0.51		0.13	-0.51	0.03	0.48	0.18	0.86
Payout Ratio	0.31	0.8	0.5	0.01	-0.24	-0.23	0.51	0.16	0.5	0.09	-0.17	0.12	-0.08	0.18	-0.13	0.74	0.71	0.26	-0.35	0.13		-0.1	-0.12	-0.38	0.61	0.21
Capex To Operating Cash Flow	0.06	-0.15	-0.23	0.42	-0.1	-0.79	-0.58	-0.18	-0.23	0.31	-0.64	-0.56	-0.11	-0.56	-0.02	0.06	0.02	0.03	0.94	-0.51	-0.1		-0.09	-0.09	-0.3	-0.55
Pfcf Ratio	-0.39	-0.08	-0.31	-0.26	0.09	0.25	-0.09	-0.26	-0.31	-0.33	0.29	0.05	0.25	0.03	-0.22	-0.05	-0.42	-0.08	-0.03	0.03	-0.12	-0.09		0.21	-0.02	0.02
Days Payables Outstanding	-0.38	-0.67	-0.09	-0.54	-0.16	0.3	0.01	0.1	-0.09	-0.25	0.29	0.37	0.6	0.26	-0.56	-0.62	-0.41	-0.48	-0.04	0.48	-0.38	-0.09	0.21		-0.03	0.31
Income Quality	-0.04	0.2	0.29	-0.13	-0.4	0.21	0.41	0.09	0.29	-0.21	0.19	0.18	-0.24	0.14	0.14	0.23	0.2	0.01	-0.4	0.18	0.61	-0.3	-0.02	-0.03		0.16
Roe	0.21	0.06	0.53	-0.23	0.06	0.44	0.76	0.42	0.53	0.06	0.55	0.84	0.27	0.99	-0.1	-0.07	0.26	-0.16	-0.58	0.86	0.21	-0.55	0.02	0.31	0.16

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Cenovus Energy Account Relationship Matchups

Cenovus Energy fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	0.76	0.7	0.64	0.71	0.8	1.2
Dividend Yield	0.016	0.008085	0.006715	0.0181	0.0245	0.0232
Ptb Ratio	0.68	0.84	0.57	1.33	1.86	1.8
Days Sales Outstanding	25.85	37.28	25.47	16.23	22.28	35.18
Book Value Per Share	15.63	13.6	11.71	14.14	15.15	11.12
Free Cash Flow Yield	0.0659	0.13	(0.0615)	0.15	0.0738	0.037
Operating Cash Flow Per Share	2.67	0.22	2.94	5.84	3.9	3.7
Stock Based Compensation To Revenue	0.003138	0.003605	0.003257	0.005198	0.004678	0.004912
Capex To Depreciation	0.53	0.37	0.59	0.86	0.9	0.92
Pb Ratio	0.68	0.84	0.57	1.33	1.86	1.8
Ev To Sales	1.15	1.36	0.9	0.81	0.95	1.55
Free Cash Flow Per Share	0.63	1.71	(0.48)	1.66	3.92	1.63
Inventory Turnover	11.12	12.3	10.13	12.73	11.43	13.29
Net Income Per Share	1.79	(1.94)	0.29	3.31	2.17	1.22
Days Of Inventory On Hand	32.83	29.68	36.03	28.68	31.95	35.83
Payables Turnover	17.85	22.02	15.55	23.54	42.83	75.98
Sales General And Administrative To Revenue	0.0183	0.0157	0.0202	0.0174	0.0121	0.0132
Capex To Revenue	0.0644	0.0554	0.0632	0.0525	0.0524	0.0823
Cash Per Share	0.15	0.31	1.42	2.32	1.28	1.21
Pocfratio	4.94	34.89	5.28	4.5	5.66	7.13
Interest Coverage	3.4	(4.24)	3.7	13.51	7.48	4.38
Payout Ratio	0.12	(0.0324)	0.36	0.14	0.25	0.4
Capex To Operating Cash Flow	0.36	3.15	0.43	0.33	0.58	0.71
Pfcf Ratio	7.72	(16.25)	9.32	6.71	13.54	14.22
Days Payables Outstanding	20.44	16.57	23.48	15.5	8.52	8.1
Income Quality	1.5	(0.11)	10.08	1.77	1.8	2.85
Roe	0.11	(0.14)	0.0249	0.23	0.14	0.087
Ev To Operating Cash Flow	7.5	67.64	7.4	5.12	6.71	10.18
Pe Ratio	7.39	(4.0)	53.27	7.95	10.19	15.81
Return On Tangible Assets	0.0656	(0.0782)	0.0116	0.12	0.0806	0.0409
Ev To Free Cash Flow	11.73	(31.51)	13.06	7.64	16.04	16.84
Intangibles To Total Assets	0.0636	0.072	0.0656	0.0527	0.0542	0.0362
Net Debt To E B I T D A	2.04	11.61	1.88	0.51	0.75	1.2
Current Ratio	1.3	1.26	1.64	1.55	1.56	1.24
Tangible Book Value Per Share	13.78	11.67	9.95	12.63	13.61	10.05
Receivables Turnover	14.12	9.79	14.33	22.48	16.38	10.3
Graham Number	25.05	24.33	8.76	32.42	27.17	17.75

Pair Trading with Cenovus Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenovus Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenovus Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Cenovus Stock

0.61	AMZN	Amazon CDR	Pair Corr
0.57	WMT	Walmart Inc CDR	Pair Corr
0.51	TSLA	Tesla Inc CDR	Pair Corr
0.46	ENS	E Split Corp	Pair Corr
0.42	ENS-PA	E Split Corp	Pair Corr

The ability to find closely correlated positions to Cenovus Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenovus Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenovus Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenovus Energy to buy it.

The correlation of Cenovus Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenovus Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenovus Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cenovus Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:

How To Invest In Cenovus

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Is Cenovus Stock a good investment?

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What is Cenovus Energy's Net Worth?

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To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenovus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Cenovus Historical Financial Ratios

About Cenovus Financial Ratios Analysis

Cenovus Energy Financial Ratios Chart

Dividend Yield

Book Value Per Share

Free Cash Flow Yield

Invested Capital

Cenovus Energy fundamentals Correlations

Cenovus Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cenovus Energy fundamentals Accounts

Pair Trading with Cenovus Energy

Moving against Cenovus Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Roe	+ 0.99	Net Income Per Share
Interest Coverage	+ 0.96	Roic
Capex To Operating Cash Flow	+ 0.94	Pocfratio
Ev To Sales	+ 0.89	Price To Sales Ratio
Free Cash Flow Per Share	+ 0.87	Free Cash Flow Yield

Days Of Inventory On Hand	- 0.79	Inventory Turnover
Capex To Operating Cash Flow	- 0.79	Free Cash Flow Yield
Pocfratio	- 0.68	Operating Cash Flow Per Share
Pocfratio	- 0.68	Free Cash Flow Yield
Days Payables Outstanding	- 0.67	Dividend Yield
Capex To Operating Cash Flow	- 0.64	Free Cash Flow Per Share